The Mortgage Guide

A Guide to Different Types of Property in Florida


If you've been thinking about buying land in the Sunshine State, whether you're a Florida local or someone who is just dreaming of the sand and sun, you probably haven't taken the time to research all of the different mortgage options that are available to you. This is perfectly normal! Lots of people in your position fail to learn everything they can about home loans.


It is, however, a good idea to think about the kind of land you're planning to buy before you speak to a mortgage broker. This way, he or she will be able to point you toward whichever home loan option is the most appropriate one for your situation. As you read on, you will learn more about some of the property types that exist throughout the state of Florida. Some of them require special types of mortgages, while others can be purchased with just about any kind of home loan.


Citrus Farms Can Be Appealing


Some people who are interested in buying land in Florida want to live in houses that are situation on working citrus farms. If this is the case for you, you need to make sure you look into agriculture mortgages. Sometimes, these are set up slightly differently than conventional home loans. You may, for instance, have to do some extra paperwork that other people don't have to do. In the long run, though, it will be worth it to live on a farm you love.


Some Houses Are in Wildlife Refuges


Certain areas of Florida are wildlife protectorates. If you're thinking about buying a house in one of these regions of the state, you'll need to talk to your mortgage broker about the different loan options that are available to you. Sometimes, people who decide to live in these areas are required to take out special types of mortgages. This may or may not be true for you, which is why it's so important to speak to your lending agent before you start applying for mortgages on your own. Check out this website at and know more about loans.


Historic Homes Are Often Charming


Sometimes people don't realize just how many historic houses there are in the state of Florida. If you're interested in buying one of these, especially one that hasn't been inhabited for quite a few years, you might need to take out a special sort of construction mortgage. Loans like this allow buyers to do upgrades that are necessary to make homes livable. You may, for instance, need to update plumbing, electrical lines, or shingles so they meet current codes and laws, click here to get started!